RailTel Corp IPO subscribed 6.65 times on Day 2
Wed, Feb 17, 2021 9:47 PM

RailTel Corp IPO subscribed 6.65 times on Day 2

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The RailTel IPO subscribed 6.65 times on day two of bidding with an overwhelming response from retail investors. The ₹819-crore IPO has received bids for 40.64 crore equity shares against offer size of over 6.11 crore shares, according to data posted by the exchanges. The offer comprises of 87.15 million equity shares with a face value of ₹10 each and is a complete OFS by the govt of India.

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